This Is A Bear Market! Why We Could Be Heading Lower | Markus Thielen

In this interview, Markus Thielen, CEO and Head of Research at 10x Research, breaks down why Bitcoin is struggling despite bullish headlines, what’s really happening with ETF flows and global liquidity, and why altcoins may continue to underperform. We also cover recession risk, midterm elections, and who truly controls crypto markets today. ~~~~~ ~ TIMESTAMPS ~ 0:00 - Intro 1:42 - How is Bitcoin looking right now? 3:40 - Which market structure data matters most? 6:45 - What will drive institutional Bitcoin demand next year? 12:16 - Will global liquidity lift Bitcoin? 20:45 - Is unemployment the real risk for the Fed? 27:13 - Which liquidity metrics should crypto investors watch? 32:41 - Could Bitcoin drop 60% in 2026? 36:38 - Are altcoins in worse shape than Bitcoin? 39:59 - What could actually spark an altcoin rally? 42:31 - Will altcoins keep underperforming Bitcoin? 44:03 - Is Solana overhyped or underpriced? 44:11 - If you could track one chart only, what would it be? 44:29 - Who influences crypto more today: CZ or BlackRock? ~~~~~ 🛒 Get The Hottest Crypto Deals 👉 https://www.coinbureau.com/deals/ ♣️ Join The Coin Bureau Club 👉 https://hub.coinbureau.com/ 💥 Coin Bureau Discord 👉 https://go.coinbureau.com/cb-discord 📲 Insider Info in our Socials 👉 https://www.coinbureau.com/socials/ 👕 Best Crypto Merch 👉 https://store.coinbureau.com 🔥 TOP Crypto TIPS In our Newsletter 👉 https://www.coinbureau.com/newsletters/ 💸 Coin Bureau Finance Channel 👉 https://www.youtube.com/@CoinBureauFinance ⭐ More Coin Bureau Channel 👉 https://www.youtube.com/@morecoinbureau 📈 Coin Bureau Trading Channel 👉 https://www.youtube.com/@CoinBureauTrading ~~~~~ 🔥OUR BRAND PARTNERS🔥 📈Bitget up to 50K USDT Deposit Bonus & GetAgent Plus Trial (Exclusive AI-powered Trading Assistant) 👉 https://go.coinbureau.com/bitget-getagent 📊Join Toobit for 100K USDT Bonus and 50% Lifetime Fee Discount 👉 https://go.coinbureau.com/toobit-coinbureau 🔒Get 10% Off Your Tangem Wallet 👉 https://go.coinbureau.com/tangem10 ~~~~~ 📺 Essential Links 📺 🐥Markus's X: https://x.com/markus10x 🐥10x Reserach X: http://x.com/10x_Research 🌐 10x Research: https://10xresearch.com/ ~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. #bitcoin #crypto #bearmarket